NERRTCNational Emergency Response and Rescue Training Center (Texas Engineering Extension Service and National Domestic Preparedness Consortium)
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Harrison Lobdell, director of NERRTC, said that training employees and conducting exercises are two of three key ingredients in a successful business-continuity program.
According to NERRTC, experts recommend conducting exercises as frequently as once a quarter for specific risks and sites, and at least once a year for exercises that bring together a company's full emergency response.
Studies show that eight out of 10 companies will experience a crisis in the next five years that results in a decline of market capitalization of between 20-30%," said Doug Rape of NERRTC.
Since 1998, NERRTC has provided training for more than 278,262 responders in all 50 states.